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Understanding Payday Loans

series: Moneywise With Kelvin Boston

air date: 7/31/13 2:00 PM

While expensive and controversial, many Americans regularly use payday loans. Kelvin Boston and guests Aracely Panameno from the Center for Responsible Lending and Charles Lowery, Jr. Esq. from Military Saves discuss payday loans. This episode also features small business development tips from Marie Johns, deputy administrator of the U.S. Small Business Administration.

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